Our reporter zhou hui reports from Beijing

The new economy of unicorn industry maps new jobs in new first-tier
cities.

Our reporter zhou hui reports from Beijing.

Talent, industry and capital are closely linked. In second-tier cities,
whether there is enough industry to support urban residents and what can they do
in second-tier cities?

21st century business herald reporters found that the new cities unicorn
enterprises, as well as the well-known technology companies in the local set up
regional headquarters, whether on the income or on the job, all the first-tier
cities regurgitation of young people and college students more attractive.

Recently, the joint science and technology department of the Great Wall
launched the China unicorn enterprise development report in 2017, with 164
companies valued at more than $1 billion. The 21st century economic reporter
noted that the proportion of unicorn enterprises in new first-tier cities
increased in 2017 compared with the previous year. In addition, the city of
unicorn enterprises is increasing and sinking, among which hangzhou, wuhan and
other cities show bright eyes.

Hangzhou is the biggest winner.

In 2017, the talent policy of all regions is overlapping, and the new economy
is reshaping the urban industrial pattern. What has changed in the industrial
ecology of the year? In the 21st century, reporters from the economic report of
the 21st century have learned that, from the perspective of urban job demand,
the growth of new first-tier cities has been accelerated, with a certain
proportion of new economic and new business forms.

Unicorns play an important role in attracting talent. China unicorn company
is registered in China, has a legal personality, set up no more than a decade,
won the private investment, and not yet on the market, enterprise value more
than $1 billion (based on enterprise valuation when the last round of
financing).

Zhang zhihong, director of the torch center of the ministry of science and
technology, said unicorn enterprises are a typical representative of the new
economy and an indicator of the city's ability to innovate. See a city, a region
innovation environment is good, can refer to unicorn enterprise and gazelle
enterprise quantity.

According to the report, in 2017 China unicorn enterprises distributed in 19
cities, hangzhou north deep gathered unicorn enterprise with more than 84%, of
which 70 in Beijing, Shanghai, 36, hangzhou 17, 14 in shenzhen.

It is worth noting that the number of hangzhou and shenzhen in 2016 has been
levelled, and hangzhou has surpassed shenzhen in 2017. In 2017, the number of
unicorn enterprises in hangzhou has grown significantly, and the enterprises
that have increased mainly focus on big data, Internet finance, e-commerce and
other fields.

According to the hurun greater China unicorn index released by the hurun
research institute, Beijing ranked first, Shanghai and hangzhou ranked second
and third, while shenzhen ranked fourth. According to the hurun report, the
hangzhou unicorn enterprises are dominated by e-commerce and Internet finance,
half of which revolve around the ali ecosystem.

Another group is that it is worth noting that the data of 2017 China unicorn
appeared in 19 cities, in addition to the deep north hangzhou, wuhan, five, four
in Hong Kong, guangzhou three, nanjing, tianjin, zhenjiang two each, chengdu,
ningde, shenyang, dongguan, guiyang, ningbo, suzhou, wuxi, zhuhai each one.

According to the data, unicorn enterprises are spreading in cities. In 2017,
there are six cities in chengdu, ningbo, dongguan, wuxi, zhenjiang and shenyang.
In 2017, 84 percent of unicorns are in the north, including 70 in Beijing,
exceeding the total number of Shanghai, shenzhen and hangzhou. However, the
ratio of north to hangzhou is down from 88 percent in 2016, indicating that the
new front and even many cities in the second and third cities are rising.

As the representatives of new first-tier cities, hangzhou and wuhan, new
economic unicorns have performed well, and hangzhou has emerged as the biggest
winner of the new economic rise of the new first-tier cities.

The lure of new talent.

Graduation stay in new cities, and escape from Beijing and Shanghai to a new
line, one of the key question is, to what kind of work can be found, the unicorn
enterprises provide retain talent for urban jobs?